Consider the Following Partial MPS Record

question 34

Multiple Choice

Consider the following partial MPS record. Beginning inventory is 40 units. The firm uses a fixed order quantity of 70 units. What is the projected available amount in period 2?

• A) 55
• B) 15
• C) 70
• D) 50
• E) 125

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Definitions:

Discrimination

Unfair or prejudicial treatment of people based on categories such as race, age, sex, or disability instead of individual merit.

Mental Image

The representation in a person's mind of the physical world outside that individual.

Counterconditioning

A therapeutic technique aiming to change the response to a certain stimulus by associating it with a new, more desirable behavior or response.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment, developed by B.F. Skinner.